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Attacks/Breaches

2/12/2019
09:00 AM
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2019 Security Spending Outlook

Cybersecurity and IT risk budgets continue to grow. Here's how they'll be spent.
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Security Spending Growth Outpaces IT Spending Growth
According to analysts at Gartner, worldwide spending growth will jump by 8.7% this year, up to $124 billion. This pace of growth will outstrip general IT spending increases; the analyst firm says overall IT spending will only see a 3.2% bump this year. The top drivers of security spending, Gartner says, will be building detection and response capabilities, privacy regulations like GDPR, and the need to address digital business risks.
Image Source: Pixabay

Security Spending Growth Outpaces IT Spending Growth

According to analysts at Gartner, worldwide spending growth will jump by 8.7% this year, up to $124 billion. This pace of growth will outstrip general IT spending increases; the analyst firm says overall IT spending will only see a 3.2% bump this year. The top drivers of security spending, Gartner says, will be building detection and response capabilities, privacy regulations like GDPR, and the need to address digital business risks.

Image Source: Pixabay

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